Iceland Indicts Former FSA Head Andersen, State Prosecutor Says

Aug. 21 (Bloomberg) -- Iceland’s state prosecutor indicted
Gunnar Andersen, the former head of the island’s Financial
Supervisory Authority, for violating banking secrecy by
gathering information on one of the country’s lawmakers.

Andersen collected information on the personal finances of
opposition Independence Party lawmaker Gudlaugur Thor Thordarson
and leaked it to newspaper DV, Deputy State Prosecutor Helgi
Magnus Gunnarsson said in an e-mail today.

Andersen was in March this year fired from the Reykjavik-based watchdog, which he took over in 2009, for not disclosing
financial holdings. He couldn’t immediately be reached for a
comment on his mobile phone.